Copyright 2019 Center Street Lending. 

All Rights Reserved. CFL License No. 60DBO-57755 | AZ MBL# 0930263 

Real Estate Broker - CA Bureau of Real Estate - License #01883377 | NMLS 905781


Who are Ground Up Construction Loans Suited For?

Center Street Lending’s ground up construction loans are for highly experienced individuals who are looking for a hassle-free draw process to keep their construction projects moving to completion.

Property Types We Ground Up Construction Fund

We lend on single-family residence, 2 to 4 units, townhomes, planned unit developments, or condominiums. All properties must be non-owner occupied.

How do Ground Up Construction Loans Work?

We require a minimum score of 680+ and a $250,000 loan amount. All of our loans are serviced and underwritten in-house, for 7-10 business day funding time. Once you have filled out an application and been pre-qualified for your loan you will need to provide specific documentation.

Ground Up Construction Program Criteria

To get a Ground Up Construction loan started you will need:

  • 1 Ground Up Construction project in the last 24 months or equivalent experience

  • A 680+ minimum score

  • $250,000 up to $2,500,000 non-owner occupied property

  • 2 months of recent bank statements

  • Score and background check

  • Detailed budget of total costs


  • Max 75% LTC depending on individual project and costs

  • Will not lend more than 50% of land value

  • Rates from 9.99%

  • 9 to 18 month flexible terms

  • No prepayment penalty

Ground Up Construction Loans

Let us help you reach your full potential as an investor


I appreciate how professional the staff at Center Street has been. Even when things got a bit difficult, as they do during rehab projects, it was always a pleasure to speak with everybody at the office. 

Jeremy D.

Here's what our clients think of us

There is no way I would have been able to close on my purchase in the time I did if it wasn't for Center Street's rapid funding. They were quick and efficient right down to every detail.

Murrieta, CA